2024-06-05T11:34:17-00:00 2023-12-31 822851604 SECHLER MORGAN CPAS PLLC 2418 W BARROW DRIVE CHANDLER AZ 85224 990 2023-01-01 510203840 Institute of Real Estate Management of Nat'l Assn of Realtors INST 6022531852 PO Box 11369 Chandler AZ 85248 TOM COUGHLIN VIDEPRESIDENT 6022531852 2024-06-03 true TOM COUGHLIN XXX-XX-XXXX KRISTINA MORGAN CPA P01370742 6022302700 2024-05-27 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z IREM Greater Phoenix Chapter No 47 TOM COUGHLIN PO Box 11369 Chandler AZ 85248 386134 false 3002 X IREMPHX.ORG X 1964 AZ TO PROVIDE EDUCATION TO MEMBERS OF THE REAL ESTATE INDUSTRY AND SCHOLARSHIPS TO THE MEMBERS AND THEIR FAMILIES. 10 10 0 36 3575 40275 27203 286944 302941 1284 12550 -859 76 327644 342770 16021 13000 0 0 0 0 257149 274248 273170 287248 54474 55522 391453 477929 56886 87840 334567 390089 TO PROVIDE EDUCATION TO MEMBERS OF THE REAL ESTATE INDUSTRY AND SCHOLARSHIPS TO THE MEMBERS AND THEIR FAMILIES. false false IREM GREATER PHOENIX CHAPTER GAINED 49 NEW MEMBERS IN 2023 WHICH INCLUDED 7 CPMS, 1 ARM, 3 ACOMS, 20 CANDIDATES, 12 ASSOCIATES, AND 6 STUDENTS. WE HAVE 47 INDUSTRY PARTNERS THAT SUPPORT THE CHAPTER. WE HAD 16 TOTAL NETWORKING EVENTS WHICH INCLUDED 5 NETWORKING LUNCHEONS AND 3 SOCIAL EVENTS. OTHER EVENTS INCLUDE THE IREM CCIM NEXT PROTECTION ECONOMIC FORECAST, INDUSTRY PARTNER TRADESHOW, LUNCH LEARNS, ADVOCACY IMPACT DAY IN WASHINGTON D.C., LEADERSHIP SUMMIT IN CHICAGO, GLOBAL SUMMIT CONFERENCE IN CANADA, AND FEED MY STARVING CHILDREN WHERE WE PACKED 181 BOXES FEEDING 110 CHILDREN AROUND THE WORLD. THE CHAPTER RAISED 8000 FOR UMOM NEW DAY CENTERS AT OUR ANNUAL GOLF TOURNAMENT. THE IREM FOUNDATION AWARDED 24 IREM GREATER PHOENIX MEMBERS SCHOLARSHIPS AND OUR CHAPTER HOSTED TWO EDUCATION COURSES ASM TRACK - 3 STUDENTS AND CAPSTONE TRACK - 11 STUDENTS. false false false true false false false false false true false false false false false false false false false false false false false true false false true false false false false false false false false false false false false false false false false true 0 0 0 true true false false false true true false false false X 10 10 false false false false true true true true true false false true true true true true true false false false X The Organization 6022531852 PO Box 11369 Chandler AZ 85248 X ED VALERIO PRESIDENT 005.00 X X 0 0 0 CARRIE TEMPLE VICE PRESIDENT 005.00 X X 0 0 0 TYREL WILLIAMS PAST PRESIDENT 002.00 X X 0 0 0 TOM COUGHLIN TREASURER/SECRETARY 005.00 X X 0 0 0 LAUREN LACASSE DIRECTOR 002.00 X X 0 0 0 ANN BOOMSMA DIRECTOR 002.00 X X 0 0 0 YVONNE CISMAN DIRECTOR 002.00 X 0 0 0 DEBBIE MITTEN DIRECTOR 002.00 X 0 0 0 ROSALINDA BRIDGES DIRECTOR THRU 12/31/2023 002.00 X 0 0 0 MELISSA BOYLE DIRECTOR THRU 12/31/2023 002.00 X 0 0 0 CHIANON MUTSIWEGOTA DIRECTOR THRU 05/19/2023 002.00 X 0 0 0 false false false 26703 500 500 27203 Educational Programs 900099 35257 35257 Conference 900099 83115 79540 3575 Membership Dues 900099 57669 57669 Industry Partners Pass Thru 900099 126900 126900 302941 12550 12550 39680 26703 40988 -1308 -1308 3760 2376 1384 1384 342770 299366 3575 12626 13000 0 0 0 0 0 0 0 0 0 0 0 4579 0 0 98526 11511 14110 3195 12163 0 48729 0 64445 0 0 0 1080 Education Expenses 9790 Program Awards 6120 0 287248 45457 9330 345996 468599 3600 3600 391453 477929 49590 87840 7296 56886 87840 X 334567 390089 334567 390089 391453 477929 55522 X false false false false true false 3600 3600 Financial derivatives and other financial products Closely-held equity interests Federal income taxes GOLF 66383 26703 39680 531 24733 14947 777 66383 26703 39680 531 24733 14947 777 40988 -1308 Part II Line 9 OTHER EXPENSES INCLUDE 740 FOR SIGNS AND 37 FOR DECOR. true UMOM New Day Center 3333 E Van Buren St Phoenix AZ 85008 880521062 501c3 8000 For program operations Others under reporting threshold 501c3 5000 2 Part I Line 2 THE ORGANIZATION FUNDRAISES TO PROVIDE SCHOLARSHIPS THROUGH ITS NATIONAL ORGANIZATION. THE GRANTEES PROVIDE US WITH INFORMATION REGARDING THE UTILIZATION OF FUNDS. Form 990, Part VI, Section A, Line 6 ANY INDIVIDUAL MAY BE A MEMBER OF THE ORGANIZATION IF THE INDIVIDUAL IS 1 IN GOOD STANDING MEMBERSHIP WITH THE INSTITUTE OF REAL ESTATE MANAGEMENT AND 2 IS CURRENT IN PAYMENT OF MEMBERSHIP DUES. THERE ARE TWO CATEGORIES OF MEMBERSHIP 1 DESIGNATED MEMBERS AND 2 NON-DESIGNATED MEMBERS. DESIGNATED MEMBERS ARE THOSE INDIVIDUALS WHO HOLD CPM MEMBERSHIP IN THE INSTITUTE OF REAL ESTATE MANAGEMENT. ONLY DESIGNATED MEMBERS ARE ELIGIBLE TO HOLD ELECTIVE OFFICE AS PRESIDENT, PRESIDENT-ELECT AND TREASURER/ SECRETARY OF THE CHAPTER. NON-DESIGNATED MEMBERS INCLUDE CPM CANDIDATES, ARM MEMBERS, ACOM MEMBERS, STUDENT MEMBERS, ACADEMIC MEMBERS, AND ASSOCIATE MEMBERS. Form 990, Part VI, Section A, Line 7a ALL DESIGNATED MEMBERS CPM MEMBERS, CPM CANDIDATES, ARM MEMBERS, AND ACOM MEMBERS ARE ELIGIBLE TO VOTE ON THE OFFICERS AND BOARD OF DIRECTORS EXECUTIVE COUNCIL OF THE ORGANIZATION. IT IS UP TO THE CHAPTERS DISCRETION IF ASSOCIATE MEMBERS, STUDENT MEMBERS, OR ACADEMIC MEMBERS ARE ELIGIBLE TO VOTE. ALL ELECTIONS ARE DONE ON A ONE MEMBER, ONE VOTE BASIS. Form 990, Part VI, Section A, Line 7b AMENDMENTS TO THE ORGANIZATIONS BYLAWS REQUIRE APPROVAL FROM THE MEMBERSHIP BODY. Form 990, Part VI, Section B, Line 11b THE TREASURER OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF 990 RETURN TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO BEING FILED. Form 990, Part VI, Section B, Line 12c AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. Form 990, Part VI, Section B, Line 15 THE BOARD MAY HIRE AND COMPENSATE INDIVIDUALS FOR NECESSARY SERVICES RENDERED TO THE ORGANIZATION SO LONG AS SUCH COMPENSATION IS REASONABLE. THE BOARD SHALL DETERMINE REASONABLE COMPENSATION AMOUNTS BASED UPON COMPENSATION PAID BY SIMILARLY SITUATED NONPROFITS FOR LIKE SERVICES. THE BOARD MAY RELY UPON SALARY STUDIES, AS WELL AS DATA REGARDING COMPENSATION PAID BY PEER ORGANIZATIONS OF SIMILAR SIZE TO DETERMINE REASONABLE COMPENSATION. THE TERMS OF SUCH COMPENSATION AND INFORMATION RELIED UPON SHALL BE RECORDED IN WRITING. AN INDIVIDUAL WHO IS A MEMBER OF THE BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES, IS PRECLUDED FROM PARTICIPATING IN DISCUSSIONS OR VOTES PERTAINING TO THEIR OWN COMPENSATION. CURRENTLY, ALL BOARD MEMBERS ARE VOLUNTEERS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. Form 990, Part VI, Line 11g THE ORGANIZATION UTILIZES THE SERVICES OF AN ADMINISTRATOR TO PERFORM BOOKKEEPING, MEMBERSHIP ACCOUNTING, AND DAILY OPERATIONAL DUTIES OF THE ORGANIZATION. THE ADMINISTRATOR IS NOT AN EMPLOYEE OF THE ORGANIZATION BUT LEASED FROM THE NATIONAL ORGANIZATION.